Restaurant Holding Company Inks 43,000 SF Office Sublease In Miami
Previously, the space served as the headquarters for Parbel, a fragrance and cosmetics subsidiary of L’Oréal. The current lease runs through August 2027.
Previously, the space served as the headquarters for Parbel, a fragrance and cosmetics subsidiary of L’Oréal. The current lease runs through August 2027.
Colliers’ Kevin Gonzalez and Ana Paula represented the landlord in the transaction. Nickel Goeseke of Cervera Real Estate represented the tenant.
Jonathan De La Rosa and Eddie Toledo, investment specialists in Marcus & Millichap’s Miami office, represented the sellers in the transaction.
The 126,000-square-foot Class A+ waterfront office building is expected to be completed in early 2027.
Alex Zylberglait and Michael Crocchiola of Marcus & Millichap and Roy Faith of FIP Commercial were the brokers in the transaction.
The 57-story office tower is Miami’s first Class-A delivery in more than a decade.
The entire site encompasses 228,355 land square feet and 435 feet of frontage along South Dixie Highway, and includes a 4-story office building.
Wynwood is now Miami’s most active office submarket, recording more than 572,000 square feet of absorption this year, the highest in the county and a rare bright spot as many national markets flatten.
The deals include a full-floor new-to-market tenant and multiple renewals.
The assemblage consists of 11 contiguous parcels spanning block to block from W. Flagler Street to SW 1st Street.
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